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Monday, 22 July 2013

Bulgaria Pharmaceuticals and Healthcare Report Q3 2013:Life Sciences Market Research Reports

Life Sciences Market Research Reports
 
Bulgaria Pharmaceuticals and Healthcare Report Q3 2013
Jul 17th 2013, 00:00, by rnrmahesh

Executive Summary BMI View: According to industry sources, the Bulgarian pharmaceuticals market has reached a standstill. This is expected to continue throughout 2013, due to the decline in drug prices and the stagnant health insurance fund budget. We expect that the market will post single-digit value increase, on account of inflationary pressures and continued volume demand. Political uncertainty will also add to the negative pressures affecting the wider healthcare market. Headline Expenditure Projections ? Pharmaceuticals: BGN2.22bn (US$1.46bn) in 2012 to BGN2.31bn (US$1.58bn) in 2013; +3.8% in local currency terms and +8.0% in US dollar terms. Local currency forecast broadly in …

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